Haid Group announces share repurchase and capital reduction

Guangdong Haid Group Co., Ltd. has announced a share repurchase plan to reduce its registered capital and for employee incentive programs. The company will repurchase shares ranging from 1 billion yuan to 1.6 billion yuan. 1 billion yuan of the repurchased shares will be retired to decrease registered capital, with any amount exceeding this designated for equity incentive and/or employee stock ownership plans.

Based on a maximum share price of 62.00 yuan per share, the company expects to repurchase between 16,129,033 shares (0.97% of total share capital) and 25,806,451 shares (1.55% of total share capital). The actual number of shares repurchased will be determined by the end of the repurchase period.

Creditors are advised to submit claims within 45 days from November 15, 2025, to the company's securities and investment center in Guangzhou, China. Claims can be submitted in person, by mail, fax, or email. Existing obligations will continue to be honored according to original agreements.